ISO 31000 is focused on Enterprise Risk Management, and based on ISO 31000 IrisLogic have designed the technology risk management process in a simplified and integrated way to manage IT operational risks, process risks, and technical risks. The adopting ISO 31000 for technology risk management provides principles and a process for managing risk but mainly it provides required framework to increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment.

IrisLogic approaches risk management in different ways using standard frameworks either to suit the nature and size of the business, specific compliance requirements, specific business objective, and mainly organization budgets. Please see the examples below:

Nature and size of the business, technology complexity

Risk management approach to meet the needs of the organizations:
Large Organizations – ISO based approach with focus on IT assets and processes.
Smaller Organizations – Process based approach along with focus on large value IT assets.
Medium Size Organization – The combination of Large and Small.